Business
Half Year Trading Update & Contract Wins
Half Year Trading Update & Contract Wins.
About this update from Mycelx Technologies Corp.
[{"type":"text","content":"\n \nRNS Number : 5762L MyCelx Technologies Corporation 07 July 2014 \n \n\nNot for release, publication or distribution directly or indirectly, in whole or in part, in or into or from the United States of America (including its territories and possessions, any state of the United States, and the District of Columbia), Canada, Australia, the Republic of South Africa, the Republic of Ireland or Japan, or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.\nThis press release does not constitute or form a part of, and should not be construed as, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in MyCelx Technologies Corporation (\"MyCelx\" or the \"Company\").\nTHE COMPANY'S COMMON SHARES HAVE NOT BEEN REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE \"US SECURITIES ACT\") OR ANY STATE SECURITIES LAWS (THE \"STATE ACTS\") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS THE SECURITIES ARE REGISTERED UNDER THE US SECURITIES ACT AND ANY APPLICABLE STATE ACTS, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE US SECURITIES ACT AND ANY APPLICABLE STATE ACTS IS AVAILABLE.\nMyCelx Technologies Corporation\n(\"MyCelx\" or the \"Company\") (AIM: MYX)\n7 July 2014\nHalf Year Trading Update & Contract Wins\nMyCelx Technologies, Inc (AIM: MYX), the clean water technology company providing patented solutions for commercial industrial markets worldwide, announces a trading update ahead of its 2014 Half Year Results, which will be announced on 12 September, 2014. \nThe first half of 2014 has seen continued progress for MyCelx. During the period we sold an offshore water treatment system to a global integrated oil company which marks our fourth product sale to this customer. In addition MyCelx sold a system for process water treatment to a major oil and gas producer in India whilst also extending and renewing rental contracts with two major petrochemical customers in Saudi Arabia. New trials of MyCelx's equipment are also underway with two new customers, both significant oil producers, in the North Sea and Oman and another will take place in India within the third quarter. \nWe anticipate that revenue for the first half will be below the sa...